Essays on Piero Sraffa: Critical Perspectives on the Revival of Classical Theory

Cover......Page 1
Half Title......Page 2
Title Page......Page 4
Copyright Page......Page 5
Original Title Page......Page 6
Original Copyright Page......Page 7
Table of Contents......Page 8
Preface......Page 12
Part I......Page 14
1 Sraffa's Critique of the Marshallian Theory of Prices Paolo Sylos Labini......Page 16
Peter Groenewegen......Page 33
Fausto Vicarelli......Page 38
Reply......Page 44
2 Reflections on Marx and Sraffa Suzanne de Brunhoff......Page 45
Ian Steedman......Page 53
Giancarlo de Vivo......Page 55
Reply......Page 63
3 Sraffa's Return to Classical Theory Krishna Bharadwaj......Page 66
Richard Arena......Page 94
Athanasios Asimakopulos......Page 98
Harvey Gram......Page 99
Reply......Page 104
4 Ricardo and Sraffa John R. Hicks......Page 112
Christian Bidard......Page 116
Fernando Vianello......Page 120
5 Sraffa: Classical versus Marginalist Analysis Pierangelo Garegnani......Page 125
Geoffrey Harcourt......Page 154
Alessandro Roncaglia......Page 157
Reply......Page 161
6 The Sraffa Model, Constant Returns to Scale and Empirical Implications Larry Levine......Page 172
Comment Fabio Petri......Page 184
7 On Changes in the Composition of Output Bertram Schefold......Page 191
Edwin Burmeister......Page 216
Neri Salvadori......Page 225
Stefano Zamagni......Page 228
Reply......Page 233
8 Sraffa' s Circular Process and the Concepts of Vertical Integration Luigi L. Pasinetti......Page 242
Appendix: Growing (or hyper-) subsystems and vertically hyper-integrated sectors......Page 252
Donald J. Harris......Page 263
Stephen A. Marglin......Page 266
Reply......Page 271
Part II......Page 274
9 Revisionist Findings on Sraffa Paul A. Samuelson......Page 276
John Eatwell......Page 293
Pierangelo Garegnani......Page 296
Bertram Schefold......Page 314
Reply......Page 330
10 Keynes and Sraffa: Visions and Perspectives Athanasios Asimakopulos......Page 344
Pierangelo Garegnani......Page 358
Edward Nell......Page 365
Reply......Page 371
11 Sraffa and Keynes: Effective Demand in the Long Run Hyman P. Minsky......Page 375
Reply......Page 382
Part III......Page 386
Round Table 2: Development and Policy......Page 388
12 Sraffa: Measurement and Aggregation Josef Steindl......Page 390
Comment Heinz D. Kurz......Page 404
Reply......Page 407
13 Accumulation, Distribution and the 'Keynesian Hypothesis' Heinz D. Kurz......Page 409
Roberto Ciccone......Page 426
Josef Steindl......Page 428
14 Accumulation, and Capacity Utilization: Some Critical Considerations on Joan Robinsons's Theory of Distribution Roberto Ciccone......Page 430
Comment Josef Steindl......Page 442
Reply......Page 443
15 On the Monetary Explanation of Distribution Massimo Pivetti......Page 445
Robert Ciccone......Page 467
Josef Steindl......Page 469
Reply......Page 471
Comment Luigi L. Pasinetti......Page 473
Reply......Page 475
16 Some Remarks on the Relevance of Sraffa's Analysis for Economic Policy Alessandro Roncaglia......Page 480
17 Trade, Growth and the Pattern of Specialization Jaime Ros......Page 492
18 The IMF View of International Economic Policy and the Relevance of Sraffa's Critique of Economic Theory Amiya K. Bagchi......Page 507
19 Clearing the Path for 'Production of Commodities by Means of Commodities': Notes on the Collaboration of Maurice Dobb in Piero Sraffa's Edition of the 'Works and Correspondence of David Ricardo' Brian H. Pollitt......Page 529
Bibliography......Page 542
Index......Page 570